NCUA Share Insurance Coverage

What is the National Credit Union Administration (NCUA)?

The NCUA is the independent federal agency that administers the National Credit Union Share Insurance Fund.
Credit Unions that are federally insured by the NCUA offer a safe place for you to save money, with deposits
insured up to $250,000 per individual depositor. Look for the share insurance sign pictured below or click
the button below that goes to the NCUA Credit Union Locator to find a federally insured credit union.

NCUA Account Ownership Protection

Account Ownership Type Example Account Less Than $250k Account Greater Than $250k Account Notes
Individual Savings, Checking, Money Market
(For Self Only)
Your’re Covered! Up to $250k protected Total amount in combined accounts.
Joint Savings, Checking, Money Market
(Multiple Owners)
Your’re covered! Up to $250k protected per owner Amount per each owner’s interest in joint accounts.
Trust Formal or Informal Revocable Trusts Your’re covered! Up to $250k protected per beneficiary Amount per beneficiary, for each owner.Special rules apply for accounts over $1.25 million.
Retirement Traditional/Roth IRA, Keogh You’re covered! Up to $250k protected Amount in traditional and Roth IRA accounts added together.Keogh accounts insured separately. Beneficiaries do not change the coverage amount.
Not Covered Mutual Funds, Stocks, Bonds, Life Insurance Policies Your’re losses will NOT be covered. Your losses will NOT be covered. The Share Insurance Fund does NOT cover losses on these types of accounts and funds.

*** Please Note: Separate coverage is also available for the trust interests of beneficiaries of irrevocable trust accounts.

More Information on NCUA Share Insurance Fund